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Homebuilder confidence sinks for 3rd month (AP)

In this July 15, 2010 photo, construction worker Brian Stocks delivers doors to a new home under construction in Springfield, Ill. Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties kept people from buying new homes.(AP Photo/Seth Perlman)AP - Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties kept people from buying new homes.